Lower market volatility sees swing trading appeal rising June 1, 2009 IT might be tempting for a trader to despair in these markets. Volatility is low – as measured by the CBOE’s Volatility Index it is below the 30 mark, compared with 89 in October. There is little movement anywhere. Take for example the FTSE 100, which is stuck in the 4,300-4,500 range. Day trading has [...]
Chapter 11 at GM sends US stocks up June 1, 2009 US stocks rose yesterday, sending the S&P 500 to its highest close in seven months, as reassuring economic data reinforced hopes that demand will stabilise, while General Motors’ long-expected bankruptcy filing ended uncertainty about the carmaker’s fate. Data showing that the US manufacturing sector contracted in May at a slower rate than expected fuelled hopes [...]
Make the most of summer learn how to turn the park into a gym June 1, 2009 I AM standing in Green Park, puffing and panting, my lungs burning. My arms hurt. My legs are heavy. A line of schoolchildren walks past. If I were them, I would probably be pointing and laughing, but it appears that they are better brought-up than me. I then run towards a bench and start doing [...]
Economic cheer sees FTSE break through 4,500 barrier June 1, 2009 THE FTSE 100 ended 2 per cent, or 88.25 points, higher yesterday at 4,506.19 as some unusually upbeat data saw optimism about the global economy rise. Mining stocks led the charge, as metal prices firmed, bolstered by hopes for increased demand particularly following bullish Chinese data. China’s official purchasing managers index for May stayed above [...]
Real Alonso rumours are false, says defiant Benitez May 31, 2009 LIVERPOOL manager Rafael Benitez has emphatically denied reports that midfielder Xabi Alonso has agreed a summer move to Real Madrid. Spain playmaker Alonso was strongly linked with a move to Arsenal 12 months ago but flourished at Anfield last season, and Benitez expects that to continue. “The situation is clear, we do not want to [...]
England call on Milner after Carrick ruled out of qualifiers May 31, 2009 MANCHESTER UNITED midfielder Michael Carrick has been ruled out of England’s upcoming World Cup qualifiers with a foot injury. Aston Villa’s James Milner has been promoted from the Under-21 squad to replace Carrick, who looked out of sorts in Wednesday’s Champions League defeat to Barcelona. England face Kazakhstan on Saturday in Almaty before returning to [...]
Ancelotti set for Chelsea as he quits Milan May 31, 2009 ITALIAN coach Carlo Ancelotti last night paved the way for his expected arrival at Chelsea by parting company with AC Milan – and admitted he would like to bring Brazil superstar Kaka with him. Ancelotti is tipped to this week be confirmed as the replacement for Guus Hiddink, who completed a successful stint as temporary [...]
Sport on TV May 31, 2009 Tennis: French Open, Day Nine, British Eurosport and BBC interactive, 10am.Cricket: Australia v Bangladesh, ICC World Twenty20 warm-up, Sky Sports 1, 1pm.Cricket: Pakistan v South Africa, ICC World Twenty20 warm-up, Sky Sports 1, 5pm.Football: England v Scotland, Under-Setanta Sports 1, 6:45pm (kick-off 7pm).
Wurz to head up new F1 team May 31, 2009 FORMULA ONE: Former driver Alexander Wurz is reportedly set to return to F1 next season as team principal of new entrants Team Superfund. The former Williams, McLaren and Benetton racer is not expected to drive but will head up the team funded by Austrian tycoon Christian Baha, founder of investment company Superfund. The team is [...]
Cevaer lands shock triumph May 31, 2009 GOLF: Rank outsider Christian Cevaer clinched only his second tour title by holding out for a one-shot victory at the European Open at the London Club in Kent. The Frenchman, ranked 449 in the world, could only manage a two-over-par final round of 74, but on seven under pipped Steve Webster, Gary Orr and Alvaro [...]
